Social Media

Reddit Announces Pricing of Initial Public Offering

Retrieved on: 
Wednesday, March 20, 2024

Reddit, Inc. (“Reddit”) today announced the pricing of its initial public offering of an aggregate 22,000,000 shares of its Class A common stock, 15,276,527 of which are being sold by Reddit and 6,723,473 of which are being sold by certain selling stockholders, at a public offering price of $34 per share.

Key Points: 
  • Reddit, Inc. (“Reddit”) today announced the pricing of its initial public offering of an aggregate 22,000,000 shares of its Class A common stock, 15,276,527 of which are being sold by Reddit and 6,723,473 of which are being sold by certain selling stockholders, at a public offering price of $34 per share.
  • Reddit will not receive any proceeds from any sale of shares by the selling stockholders.
  • In addition, Reddit has granted the underwriters a 30-day option to purchase up to an additional 3,300,000 shares of its Class A common stock at the initial public offering price, less underwriting discounts and commissions.
  • Morgan Stanley & Co. LLC, Goldman Sachs & Co. LLC, J.P. Morgan, and BofA Securities are acting as lead book-running managers for the offering.

Hampton by Hilton Looks to the Future with Innovative North American Prototype and a Refreshed Visual Identity

Retrieved on: 
Wednesday, March 20, 2024

Hampton, the industry’s dominant upper-midscale hotel brand, is consistently recognized for its category-leading financial performance, best-in-class stay experience, and strong guest loyalty.

Key Points: 
  • Hampton, the industry’s dominant upper-midscale hotel brand, is consistently recognized for its category-leading financial performance, best-in-class stay experience, and strong guest loyalty.
  • “As we unveil our new North American prototype and refreshed visual identity, we embark on an exciting new chapter for Hampton.
  • The cost-efficient and design-forward North American prototypes are available for both Hampton Inn and Hampton Inn & Suites.
  • With the backing of the 100% Hampton Guarantee, guests can trust that Hampton will always make it right, every time.

U.S. Shoppers Are Under the Influence: 74% of Consumers Have Purchased a Product Because an Influencer Recommended It

Retrieved on: 
Wednesday, March 20, 2024

Taking insights from 1,011 U.S. consumers, ages 18 to 65+, the survey found that three out of four shoppers have purchased a product or service because an influencer recommended it, highlighting how influencer marketing has revolutionized consumers’ purchase decisions.

Key Points: 
  • Taking insights from 1,011 U.S. consumers, ages 18 to 65+, the survey found that three out of four shoppers have purchased a product or service because an influencer recommended it, highlighting how influencer marketing has revolutionized consumers’ purchase decisions.
  • “The survey’s results show that creator content is a critical part of the buyer journey for the modern consumer.
  • “Brands need to be where their customers are and they can show up in potential consumers’ daily lives through authentic creator content.
  • In fact, 68% of consumers chose to visit a specific location, like a theme park or travel destination, because they saw it recommended on social media.

AKQA Future Lions Launches Tom Bedecarré School of the Year Award

Retrieved on: 
Wednesday, March 20, 2024

AKQA Future Lions has launched the Tom Bedecarré School of the Year Award in honour of Tom Bedecarré, AKQA’s Chairman Emeritus.

Key Points: 
  • AKQA Future Lions has launched the Tom Bedecarré School of the Year Award in honour of Tom Bedecarré, AKQA’s Chairman Emeritus.
  • Tom has made a unique and lasting contribution to AKQA, for which I will always be immensely grateful.
  • Working at the intersection of technology and creativity, Tom Bedecarré was instrumental in designing the AKQA Future Lions initiative.
  • The introduction of the Tom Bedecarré School of the Year Award coincides with AKQA’s 30th anniversary celebration, during which the agency has been honoured with the Agency of the Year wins an impressive 81 times.

Chetu Announces Partnership With CMS Leader Brightspot

Retrieved on: 
Thursday, March 21, 2024

Chetu, a leading world-class software solutions and support services provider, is excited to announce its partnership with Brightspot, a leading Content Management System (CMS) provider, to deliver best-in-class capabilities as the content program evolves.

Key Points: 
  • Chetu, a leading world-class software solutions and support services provider, is excited to announce its partnership with Brightspot, a leading Content Management System (CMS) provider, to deliver best-in-class capabilities as the content program evolves.
  • View the full release here: https://www.businesswire.com/news/home/20240320286760/en/
    Chetu Announces Partnership With CMS Leader Brightspot (Graphic: Business Wire)
    As a Brightspot partner, Chetu’s expertise in CMS software development across various industries complements Brightspot’s mission to provide an API-first platform that can deliver and execute CMS projects quickly.
  • “We are thrilled to be partnering with Brightspot to give up-and-coming players more opportunities to grow their companies and improve their rankings,” said Alexander Ewing-Shaw, partnership manager at Chetu.
  • “As a leader in delivering custom CMS solutions, Chetu offers unparalleled expertise to guide clients through the ever-evolving digital landscape,” Hulsandra said.

Newman’s Own Foundation Announces Inaugural Food Justice for Kids Prize

Retrieved on: 
Wednesday, March 20, 2024

Newman's Own Foundation, the private foundation created by legendary actor, racecar driver, and philanthropist Paul Newman to carry on his legacy of giving away 100% of all the profits and royalties it receives from the sale of Newman's Own food and beverages, announced today the inaugural Food Justice for Kids Prize .

Key Points: 
  • Newman's Own Foundation, the private foundation created by legendary actor, racecar driver, and philanthropist Paul Newman to carry on his legacy of giving away 100% of all the profits and royalties it receives from the sale of Newman's Own food and beverages, announced today the inaugural Food Justice for Kids Prize .
  • The Food Justice for Kids Prize will provide up to $1 million in funding to be shared among ten organizations (over two years).
  • View the full release here: https://www.businesswire.com/news/home/20240320196916/en/
    Newman's Own Foundation Announces Food Justice for Kids Prize: Apply by June 11, 2024 (Graphic: Business Wire)
    "We are thrilled to launch Newman’s Own Foundation’s first-ever Food Justice for Kids Prize, representing a significant leap forward in our longstanding commitment to Indigenous Food Justice and Nutritious School Food and Education for children,” says Alex Amouyel, President and CEO of Newman's Own Foundation.
  • The Food Justice for Kids Prize will catalyze funding and visibility for up to ten organizations dedicated to innovation and impact across two priority program areas: Indigenous Food Justice and Nutrition Education and School Food.

Phoji, Inc. Announces the Launch of Latest Software Update

Retrieved on: 
Thursday, March 21, 2024

Utilization of a customized emoji increases the engagement, effectiveness and reach of e-commerce marketing campaigns.

Key Points: 
  • Utilization of a customized emoji increases the engagement, effectiveness and reach of e-commerce marketing campaigns.
  • Phoji 3.0 utilizes the scalable, serverless technologies in Amazon Web Services, as well as its Content Delivery Network (CDN).
  • This cloud-based delivery service allows the customer to access their photos and media content nearly instantaneously, anywhere in the world.
  • Phoji also offers a user-friendly website for customers to conduct proof-of-concept trials without having to integrate the software into their existing operating systems.

Swimming World Dives into the Future: Unveiling Digital Enhancements and More Interactive Experiences for Readers

Retrieved on: 
Wednesday, March 20, 2024

Swimming World , the go-to source and longest running publication on aquatic sports, today announces its revamped digital platform for subscribers.

Key Points: 
  • Swimming World , the go-to source and longest running publication on aquatic sports, today announces its revamped digital platform for subscribers.
  • “We took over Swimming World with the intention of enhancing the user experience, generating more community, and putting our readers in charge,” said Jack Hallahan, Co-Owner and Publisher of Swimming World and H2Media.
  • In addition to these interactive features, Swimming World will be collaborating with leading entities in new media by regularly reporting and recommending upcoming episodes from some of the top podcasts in aquatic sports, including swimming, water polo, diving, and more.
  • To become a subscriber to Swimming World’s revamped digital platform, visit: https://www.swimmingworldmagazine.com/join

FOX News Digital Surpasses CNN With Total Digital Multiplatform Unique Visitors for First Time Ever

Retrieved on: 
Tuesday, March 19, 2024

FOX News Digital finished February leading CNN with total digital multiplatform unique visitors for the first time ever, according to Comscore.

Key Points: 
  • FOX News Digital finished February leading CNN with total digital multiplatform unique visitors for the first time ever, according to Comscore.
  • FOX News Digital closed out the month reaching 3.1 billion total multiplatform minutes, 1.6 billion total multiplatform views, and 115 million total digital multiplatform unique visitors.
  • ** Year-over-year, CNN was down 6% with total digital multiplatform unique visitors and down 2% in multi-platform minutes, while FOX News Digital was up 18% and 8% respectively in each category.
  • FOX News Media operates the FOX News Channel (FNC), FOX Business Network (FBN), FOX News Digital, FOX News Audio, FOX News Books, the direct-to-consumer streaming services FOX Nation and FOX News International and the free ad-supported television service FOX Weather.

Medallia Named a Leader in the 2024 Gartner® Magic Quadrant™ for Voice of the Customer Platforms Report

Retrieved on: 
Tuesday, March 19, 2024

Medallia, Inc. , the global leader in customer and employee experience, today announced that it has been named a Leader for the third consecutive year in the Gartner Magic Quadrant™ for Voice of the Customer (VoC).

Key Points: 
  • Medallia, Inc. , the global leader in customer and employee experience, today announced that it has been named a Leader for the third consecutive year in the Gartner Magic Quadrant™ for Voice of the Customer (VoC).
  • Medallia was named a leader for its Ability To Execute’ and Completeness Of Vision.
  • “Medallia is so proud to be named a leader in the Gartner Magic Quadrant™ for Voice of Customer,” said Joe Tyrrell, CEO at Medallia.
  • Magic Quadrants position vendors in a market, while Critical Capabilities provides a deeper dive into the providers’ product and service offerings.